gail (india) ltd. · 2017-01-07 · gail (india) ltd. india’s youngest maharatna 1 . safe harbor...
TRANSCRIPT
Analysts’ & Investors’ Presentation Nov’15
GAIL (India) Ltd. India’s Youngest Maharatna
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Safe Harbor Statement
This presentation has been prepared by GAIL (India) Ltd (Company or GAIL) solely for providing information about the Company. The information contained in this presentation is only current as of its date. Certain statements made in this presentation may not be based on historical information or facts and may be "forward-looking statements", including those relating to the Company’s general business plans and strategy, its future financial condition and growth prospects, and future developments in its industry and its competitive and regulatory environment. Actual results may differ materially from these forward-looking statements due to a number of factors, including future changes or developments in the Company’s business, its competitive environment, information technology and political, economic, legal and social conditions in India. This communication is for general information purposes only, without regard to specific objectives, financial situations and needs of any particular person. Company do not accept any liability whatsoever, direct or indirect, that may arise from the use of the information herein. The Company may alter, modify or otherwise change in any manner the content of this presentation, without obligation to notify any person of such revision or changes
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Table of Contents
1. Introduction 2. Performance Highlights
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1. Introduction
GAIL (India) Ltd. India’s Youngest Maharatna
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An Introduction
Natural Gas
Petrochemicals
Liquid Hydrocarbons
Exploration & Production
Power & Renewables
• Over 11,000 Km of network • Sophisticated Gas management System • Pursuing for expansion, Participation in RGPPL ( 5
MMTPA LNG Regasification Facility) • Long-term Import Portfolio: 24 MMTPA
• Domestic market share ~ 15% • Petrochemical Plant in Pata( UP) with capacity of 0.4
MMTPA (expanding to 0.81 MMTPA) • Participation in BCPL & OPAL
• 6 Gas Processing Plants producing LPG, Propane, Pentane, Naphtha etc.
• LPG Transport Capacity 3.8 MMTPA(2038 Km.)
• A part of vertical integration • Participation in 14 blocks (operator-2 blocks) • Presence in Myanmar & US
• 118 MW Wind Power Plant and 5 MW Solar Power Plant
• Participation in RGPPL( Capacity 1967 MW)
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Shareholding Structure
Listed on BSE : 15th May 1997/ Listed on NSE : 2nd April 1997
GDRs listed on LSE in 1999
FY15 Dividend/share: ` 6.00 per share Number of Shares: 126.848 million
Share Price (52 Wk. High/Low): ` 502.00 / ` 260 .25
Market Cap: ` 39,183 Cr.
GoI, 56.1%
LIC, 10.6%
GDRs, 1.1%
ONGC, 4.8%
IOC, 2.4%
FIIs, 16.4%
Others, 8.5%
Top Shareholders other than GoI % Shareholding
LIC 10.6 %
ONGC 4.8%
IOCL 2.4 %
LIC P&GS Fund 2.2 %
Matthews Pacific Tiger Fund 1.8 %
Source: BSE Website Note: Data as on 30th September 2015 as per BSE website
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2. Performance Highlights
GAIL (India) Ltd. India’s Youngest Maharatna
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Major Highlights of H1 FY16
Profit After Tax - `865 Cr
Transmission charges include Ship or Pay Billing of ` 219 Cr
Sales Turnover - `26,607 Cr
Loan Repayments - `547 Cr (Domestic – ` 485 Cr & Foreign – ` 62 Cr)
Increase in Depreciation (` 139 Cr) & Finance Cost (` 161 Cr) in Petrochemicals
Increase in Gas Sales from Power Pooling Scheme - ` 1509 Cr
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Average Liquid Hydrocarbon price realization for H1 FY16 over `31,400/MT
Average Polymer price realization for H1 FY16 over `94,000/MT
E&P Revenue from Myanmar (Net of Prod., Royalty & Govt. Share) `254 Cr
Dividend Received ` 163 Cr (Maiden Dividend received from SEAGP - ` 17 Cr)
Physical Performance
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Natural Gas Petrochemicals
Liquid Hydrocarbon LPG Transmission
Transmission Trading Sales Production
VSPL JLPL
402
345
H1 FY15 H1 FY16
1131
1030
H1 FY15 H1 FY16
Sales Production TMT
645
532
H1 FY15 H1 FY16
649
534
H1 FY15 H1 FY16
MMSCMD TMT
TMT
73 72
H1 FY15 H1 FY16
94 89
H1 FY15 H1 FY16
217
136
H1 FY15 H1 FY16
196
134
H1 FY15 H1 FY16
Financial Performance (Standalone)
40,281 47,333
57,245 56,569
26,607
FY12 FY13 FY14 FY15 H1 FY16
Sales (net of ED, in ` Cr.)
6,247 7,234
7,945
5,620
2,269
FY12 FY13 FY14 FY15 H1 FY16
Gross Margin* (PBDIT, in ` Cr.)
5,340 6,058
6,402
4,284
1,311
FY12 FY13 FY14 FY15 H1 FY16
PBT* ( in ` Cr.)
3,654 4,022
4,375
3,039
865
FY12 FY13 FY14 FY15 H1 FY16
PAT ( in ` Cr.)
10 * Incl. exceptional items
Balance Sheet – 30.09.2015 (` in Cr.)
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Share Capital 1268
Reserves & Surplus 28727
Borrowings* 9459
Deferred Tax Liab. 3694
Capital Employed 43,148
Tangible Assets 27075
Intangible Assets
726
CWIP 4623
Equity Investments
4462
Others 6262
NG Pipelines incl. Comp. 25203
Petrochemicals 10768
LPG Pipeline 1775
LHC Plants 1705
E&P assets 1171
Wind Power 795
Others 613
Gross Block 42031
Less Acc Dep 14229
Net block 27801
Linepipes & related facilities
2603
Petrochemicals 1385
Exploratory & Development Well in Progress
465
Others 170
CWIP 4623
Working capital 2661
Non Current assets less Non Current Liab.
3602
Others 6262
* Includes Short Term Borrowings of Rs 393 Cr
Financial Profile
21,449 24,038
26,858 28,888 29,749
FY12 FY13 FY14 FY15 H1 FY16
Net Worth (in ` Cr.)
28,741
35,591 39,907
41,984 43,148
FY12 FY13 FY14 FY15 H1 FY16
Capital Employed ( in ` Cr.)
26,307 31,149
34,056
41,389 42,031
FY12 FY13 FY14 FY15 H1 FY16
Gross Block (in ` Cr.)
9
7
4 3
2
FY12 FY13 FY14 FY15 H1 FY16
Debt Service Coverage Ratio (DSCR)
5,347
9,064 10268
9,556 9,459
FY12 FY13 FY14 FY15 H1 FY16*
Loans ( in ` Cr.)
0.25
0.38 0.38
0.33 0.30
FY12 FY13 FY14 FY15 H1 FY16
Debt to Equity Ratio
12 * Incl. Short Term Borrowings of ` 393 Cr.
Thank You
GAIL (India) Ltd. India’s Youngest Maharatna
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